Bexley Community Foundation

Analysis

Bexley Community Foundation is a registered charity in United States, based in Bexley, OH. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bexley Community Foundation reported income of $837k and spending of $510k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $837k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bexley Community Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Buffalo Hearing and Speech Center F Oundation Inc ($837k), Islesboro Islands Trust ($838k) and Trust for the Benefit of Boydton Umc Boydton VFD and Boydton Rescue ($837k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $92k. At year end it held assets of $2.8m against liabilities of $23k, net assets of $2.8m. It reported 2 employees.